Russian Transneft Makes a Move to Diversify Oil Market and Raise Prices
Submitted by Bill Belew on Thursday, 27 April 2006No Comment
I guess America’s oil companies are not the only ones who are gluttonous pigs.
I read today that the head of Russia’s pipeline monopoly said that Europe was ‘overfed’ and that Russian oil would be diverted to Asia through a new pipeline where they could then raise prices.
The source was Transneft’s S. Vainshtok.
He thinks that since Europe has been supplied too much oil, the prices will fall. Thus it needs to be sent to Asia to, um, gee, I wonder what country they have in mind. They can then, in turn, raise prices.
Do you think they could sell some to us, I mean the US and raise the prices here, too?
Please, please.
I hate big oil companies.
I don’t even know where to begin on how shady the big oil market is…but i think now, more than ever, america especially needs to start looking at alternative forms of energy. Its actually quite disturbing on how dependant this country is on oil.
We need to come up with an alternative to filling the bank books of the oil companies.
The oil companies should foot the bill for finding other ways…they have billions of dollars at their disposal.
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